| Reference Number :- | 2141 |
| Date :- | 2012/01/25 |
| Decision Maker :- | Cabinet |
| Subject to Call-in :- | No |
| Subject of Decision :- | Final General Fund Revenue Budget and Capital Programme 2012/13 |
| Decision :- | (a) That having considered the comments from the Corporate Management Committee and the responses from the budget consultation activities undertaken, Cabinet makes the following final budget proposals to Council (based on a 0.5% reduction in a Band D Council Tax for District services); (i) That the detailed budgets, as per Appendix ‘A’ to item A.4 of the Report of the Finance and Asset Management Portfolio Holder, be approved (subject to any presentational changes arising from ongoing organisational review and general housekeeping), including the following amendments:- • Inclusion of a Coast Protection and Improvement Fund of £3.0m to be met from the Asset Refurbishment/Replacement Reserve (£1.5m) and from the Fit for Purpose Budget (£1.5m); and • Additional funding of £0.5m to be added to the Planning Inquiries Reserve from the Fit for Purpose Budget and that reserve to be renamed the Planning Inquiries and Enforcement Reserve. This provides for a total net budget for 2012/13 of £17.384m and revised net budget for 2011/12 of £18.670m (a council tax requirement of £9.074m and £9.136m respectively including parish precepts) and a Capital Programme totalling £1.345m for 2012/13. (ii) That Council agrees and formally approves:- (a) The specific recommendations, calculations and other matters in respect of the Council’s requirements, special expenses and Parish/Town Council precepts as set out in Appendix ‘C’ to the above report (this includes but is not limited to the contrary resolution in paragraph (b) of that Appendix). (b) The Council Tax for District and Parish/Town Councils as set out in Appendix ‘F’ of the above report. (iii) That, following the termination by Essex County Council (ECC) of the pre-existing agreement whereby 60% of the additional income to the County arising from a change in the Council Tax discount on second homes from 50% to 10% was passed over to this Council, the Head of Resource Management be authorised to enter into a new agreement offered by ECC whereby 50% of this additional income will be passed over to this Council. (b) That if the financial position changes prior to Council considering the budget on 7 February 2012, any changes in funding is set against the Contingency Budget (or Fit for Purpose budget) in 2012/13. (c) That, in consultation with the Leader of the Council and the Finance and Asset Management Portfolio Holder, the Head of Resource Management reports directly to Council in respect of the formal draft resolutions necessary to implement the Cabinet’s budget proposals together with any late information or notifications received from Communities and Local Government etc. as may necessarily affect the budget. (d) That this budget recommendation includes revenue funding to support the CAROS scheme in 2012/13 as previously stated and it is Cabinet’s intention to continue this funding but to cease funding the CAROS scheme from 2015/16. This supersedes all previous decisions. |
| Reason for Decision :- | To enable the Cabinet's final proposals to be submitted to the meeting of the Council to be held on 7 February 2012. |
| Alternative Options Considered :- | None. |
| Conflicts of Interest Delared (and Dispensations Granted by the Monitoring Officer) :- | None. |
| Contact Officer :- | Head of Resource Management - Karen Neath |
| Decision to Take Effect at end of :- | 2012/02/03 |
| Attachments :- | A4 Report and Apps Final General Fund Fund (5M/bytes) |